AI
Sunday, July 10, 2016 7:26:46 AM
Doji, triangle and diamond patterns can go either-way.
(A) The triangle is defined by the doji top on Monday July 4th...
(B) followed by a wide range sell-off Tuesday...
(C) then a hammer reversal on Wednesday...
(D) To top it all off, a long tailed doji formed a nice indecisive diamond pattern on Thursday...
Shoula known - "It was the old triangular and diamond doji consolidation patterns trick..."
(a rare but well known 5 day continuation pattern)
(A) The triangle is defined by the doji top on Monday July 4th...
(B) followed by a wide range sell-off Tuesday...
(C) then a hammer reversal on Wednesday...
(D) To top it all off, a long tailed doji formed a nice indecisive diamond pattern on Thursday...
Shoula known - "It was the old triangular and diamond doji consolidation patterns trick..."
(a rare but well known 5 day continuation pattern)
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
